Sectors + Companies

Budget Battles

  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: A pharmacist holds prescription painkiller OxyContin at a local pharmacy in Provo

    Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

    By Nate Raymond, Reuters

    (Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • FILE PHOTO - Treasury Secretary Steve Mnuchin listens as U.S. President Donald Trump hosts a tax reform industry meeting at the White House in Washington, U.S., October 31, 2017. REUTERS/Kevin Lamarque

    Trump Tries to Sell Tax Reform to Democrats

    By David Morgan, Reuters

    WASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...

  • FILE PHOTO: U.S. Homeland Security Secretary Jeh Johnson (L) listens to Representative Tom Marino (R-PA) (R) before a House Judiciary committee hearing on the 'Oversight of the US Department of Homeland Security' on Capitol Hill in Washington July 14, 20

    Trump's drug czar nominee withdraws from consideration

    By Sarah N. Lynch and Makini Brice, Reuters

    WASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...

  • GM's profit falls on recall costs, victims' compensation fund

    GM's profit falls on recall costs, victims' compensation fund

    By Ben Klayman, Reuters

    DETROIT (Reuters) - General Motors Co <GM.N> reported a much lower second-quarter profit on Thursday due to numerous recalls and the expected cost of at least $400 million for a compensation...

  • Ford's profit tops expectations, recall-hit GM misses

    Ford's profit tops expectations, recall-hit GM misses

    By Ben Klayman, Reuters

    DETROIT (Reuters) - Ford Motor Co one-upped its larger rival General Motors Co in the second quarter, showing a profit in Europe for the first time in three years while GM was weighed down by recall-...

  • Russia says will cooperate with MH17 probe led by Netherlands

    Russia says will cooperate with MH17 probe led by Netherlands

    By Al-Zaquan Amer Hamzah and Siva Govindasamy, Reuters

    KUALA LUMPUR (Reuters) - Russia will cooperate with the investigation into the downing of a Malaysian airliner a week ago and is satisfied that the Netherlands, rather than Ukraine, is leading the...

  • Global economy starts second half on solid footing: PMIs

    Global economy starts second half on solid footing: PMIs

    By Reuters

    (Reuters) - China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed. While...

  • GSK seeks approval for world's first malaria vaccine

    GSK seeks approval for world's first malaria vaccine

    By Kate Kelland, Reuters

    LONDON (Reuters) - GlaxoSmithKline <GSK.L> said on Thursday it is applying for regulatory approval for the world's first vaccine against malaria, designed for children in Africa. The British...